Removal from the West Bromwich Mortgage Company and other lender panels: Why they do it and how to get reinstated
- West Bromwich Mortgage Company may terminate membership of its conveyancing panel where a firm fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
- Failure to act in accordance with the West Bromwich Mortgage Company panel requirements, the written instructions that West Bromwich Mortgage Company provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which West Bromwich Mortgage Company may subsequently subscribe.
- Significant delays in registering a charge on behalf of West Bromwich Mortgage Company Delays or failure to register the West Bromwich Mortgage Company charge may result in referral to external lawyers of West Bromwich Mortgage Company to complete outstanding requirements.
- Persistent non-compliance with post completion requirements on behalf of West Bromwich Mortgage Company
- Breaches of West Bromwich Mortgage Company conveyancing panel requirements
Questions West Bromwich Mortgage Company panel reinstatement firms ask us
- What are our options if our reinstatement panel submission with West Bromwich Mortgage Company is turned down?
- Can this firm act for West Bromwich Mortgage Company while the application for reinstatement on the West Bromwich Mortgage Company panel is being progressed? How do I find out if our reinstatement appeal to the West Bromwich Mortgage Company panel is accepted?
- Who should sign the reinstatement application to the West Bromwich Mortgage Company panel ?
- Am I restricted as to the amount of occasions my law firm can apply to get back on the West Bromwich Mortgage Company conveyancing panel?
- Is there a cost to be reinstated onto the West Bromwich Mortgage Company conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking West Bromwich Mortgage Company panel reinstatement is to ensure that your firm is not removed off of the West Bromwich Mortgage Company conveyancing panel in the first place.
Note: Subject to certain conditions Lexsure’s experts or consultants can assist in providing you with guidance for reinstatement onto the West Bromwich Mortgage Company conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to West Bromwich Mortgage Company directly or via their preferred panel manager. Any reinstatement application will have to be made by your firm. For the avoidance of doubt, Lexsure (or the Conveycentric Team) are in no way involved in managing the West Bromwich Mortgage Company conveyancing panel.